Global Recycling Equipment Market Size Study by Equipment, by Processed Material, and Regional Forecasts 2022-2032

Description

The Global Recycling Equipment Market is valued at approximately USD 29.2 million in 2023 and is anticipated to grow with a healthy CAGR of 5.80% over the forecast period 2024-2032. Recycling equipment plays a critical role in the sustainability landscape by enabling the efficient processing of waste materials into reusable resources. This market is underpinned by the growing demand for eco-friendly practices across industries and increasing environmental awareness among governments and businesses. From baler presses to shredders, these advanced machines are designed to handle diverse materials such as metals, plastics, construction waste, and paper, thereby supporting the global shift towards a circular economy.

The rapid industrialization and urbanization trends, coupled with stringent environmental regulations, have been driving the demand for recycling equipment. Notably, advancements in material sorting and processing technologies have led to the development of highly efficient and automated recycling systems. For instance, innovations in separator and extruder technologies have allowed industries to achieve higher recycling rates, reducing overall environmental impact. However, despite these advancements, high operational costs and the complexity of processing certain waste materials remain significant challenges for the market's expansion.

Regionally, the Recycling Equipment Market exhibits varying growth trajectories. North America dominates the market due to well-established waste management systems and government incentives promoting recycling initiatives. Europe follows closely, driven by strict environmental regulations and a strong emphasis on reducing carbon footprints. On the other hand, the Asia Pacific region is poised to register the fastest growth, fueled by rapid urbanization, increased industrial activities, and supportive government policies in countries like China and India. Emerging markets in Latin America and the Middle East & Africa also present untapped opportunities as awareness regarding sustainable practices continues to grow.

The competitive landscape of the Recycling Equipment Market features a mix of established players and innovative startups. Companies are leveraging strategic collaborations, research and development investments, and technological advancements to gain a competitive edge. Additionally, expanding their footprint in emerging economies and diversifying their product offerings remain key strategies for market players.

Major market players included in this report are:

Metso Outotec
Vecoplan LLC
Tomra Systems ASA
CP Manufacturing, Inc.
General Kinematics Corporation
Marathon Equipment Company
Ecostar S.r.l.
Eldan Recycling A/S
Forrec Srl Recycling Systems
SSI Shredding Systems, Inc.
Recycling Equipment Manufacturing, Inc.
Wendt Corporation
Harris Equipment Corporation
BHS-Sonthofen GmbH
Roter Recycling

The detailed segments and sub-segment of the market are explained below:

By Equipment:

Baler Press
Shredders
Granulators
Agglomerators
Shears
Separators
Extruders
Others

By Processed Material:

Metal
Plastic
Construction Waste
Paper
Rubber
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape, including country-level insights.
Competitive landscape analysis with information on major players.
Insights into key business strategies and recommendations for future market approaches.
Comprehensive demand-side and supply-side analysis of the market.

Chapter 1. Global Recycling Equipment Market Executive Summary

1.1. Global Recycling Equipment Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Equipment
- 1.3.2. By Processed Material
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Recycling Equipment Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Recycling Equipment Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing Demand for Eco-friendly Practices
- 3.1.2. Advancements in Material Sorting and Processing Technologies
- 3.1.3. Government Incentives and Regulatory Support
3.2. Market Challenges
- 3.2.1. High Operational Costs
- 3.2.2. Complexity of Processing Certain Waste Materials
3.3. Market Opportunities
- 3.3.1. Innovation in Recycling Equipment Technologies
- 3.3.2. Expansion in Emerging Markets
- 3.3.3. Strategic Collaborations and Partnerships

Chapter 4. Global Recycling Equipment Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Recycling Equipment Market Size & Forecasts by Equipment 2022-2032

5.1. Segment Dashboard
5.2. Global Recycling Equipment Market: Equipment Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Baler Press
- 5.2.2. Shredders
- 5.2.3. Granulators
- 5.2.4. Agglomerators
- 5.2.5. Shears
- 5.2.6. Separators
- 5.2.7. Extruders
- 5.2.8. Others

Chapter 6. Global Recycling Equipment Market Size & Forecasts by Processed Material 2022-2032

6.1. Segment Dashboard
6.2. Global Recycling Equipment Market: Processed Material Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Metal
- 6.2.2. Plastic
- 6.2.3. Construction Waste
- 6.2.4. Paper
- 6.2.5. Rubber
- 6.2.6. Others

Chapter 7. Global Recycling Equipment Market Size & Forecasts by Region 2022-2032

7.1. North America Recycling Equipment Market
- 7.1.1. U.S. Recycling Equipment Market
  - 7.1.1.1. Equipment Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Processed Material Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Recycling Equipment Market
7.2. Europe Recycling Equipment Market
- 7.2.1. U.K. Recycling Equipment Market
- 7.2.2. Germany Recycling Equipment Market
- 7.2.3. France Recycling Equipment Market
- 7.2.4. Spain Recycling Equipment Market
- 7.2.5. Italy Recycling Equipment Market
- 7.2.6. Rest of Europe Recycling Equipment Market
7.3. Asia-Pacific Recycling Equipment Market
- 7.3.1. China Recycling Equipment Market
- 7.3.2. India Recycling Equipment Market
- 7.3.3. Japan Recycling Equipment Market
- 7.3.4. Australia Recycling Equipment Market
- 7.3.5. South Korea Recycling Equipment Market
- 7.3.6. Rest of Asia Pacific Recycling Equipment Market
7.4. Latin America Recycling Equipment Market
- 7.4.1. Brazil Recycling Equipment Market
- 7.4.2. Mexico Recycling Equipment Market
- 7.4.3. Rest of Latin America Recycling Equipment Market
7.5. Middle East & Africa Recycling Equipment Market
- 7.5.1. Saudi Arabia Recycling Equipment Market
- 7.5.2. South Africa Recycling Equipment Market
- 7.5.3. Rest of Middle East & Africa Recycling Equipment Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Metso Outotec
- 8.1.2. Vecoplan LLC
- 8.1.3. Tomra Systems ASA
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Metso Outotec
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. CP Manufacturing, Inc.
- 8.3.3. General Kinematics Corporation
- 8.3.4. Marathon Equipment Company
- 8.3.5. Ecostar S.r.l.
- 8.3.6. Eldan Recycling A/S
- 8.3.7. Forrec Srl Recycling Systems
- 8.3.8. SSI Shredding Systems, Inc.
- 8.3.9. Recycling Equipment Manufacturing, Inc.
- 8.3.10. Wendt Corporation
- 8.3.11. Harris Equipment Corporation
- 8.3.12. BHS-Sonthofen GmbH
- 8.3.13. Roter Recycling

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes